Economist Mike Schüssler passes away
Renowned economist Mike Schüssler has passed away, his colleagues have revealed.
Road Freight Association CEO Gavin Kelley issued notification of Schüssler's passing on Tuesday morning.
Take-home pay in South Africa increased sharply in January — but there's a catch
South Africa's average take-home pay in January 2022 increased at its fastest rate since January 2020 — before the Covid-19 pandemic and subsequent lockdowns — according to the monthly BankservAfrica Take-home Pay...
Average take-home pay in South Africa before and after lockdown
President Cyril Ramaphosa eased South Africa's lockdown restrictions significantly towards the end of 2021, but despite this, the average take-home salary is down 5.8% from pre-lockdown levels.
According to BankservAfrica's...
Shutdown of South Africa's biggest fuel refinery — what it means for jobs and power cuts
The impending shutdown of the South African Petroleum Refiners (Sapref) joint venture between Shell Downstream South Africa and BP will result in thousands of job losses and help reduce the likelihood of...
british petroleum
central energy fund (cef)
department of mineral resources and energy (dmre)
engen
mikeschussler
shell
south african petroleum industry association
south african petroleum refineries (sapref)
South Africa’s inequality shocker — and what caused it
The 2022 World Inequality Report revealed that inequality in South Africa is now at its highest level since 1900 and is rapidly increasing.
The report presents the most up-to-date synthesis of international research efforts to track global...
South Africa's employment in manufacturing the lowest since 1969
South Africa’s economy — and specifically manufacturing — has been hammered by corruption, mismanagement, and destructive government policies.
Economist Mike Schussler revealed that employee numbers in South Africa’s...
South African grant recipients increased from 3 million to 18 million — and growing fast
Social development minister Lindiwe Zulu recently published a Green Paper which proposes comprehensive social security and retirement reform.
The Department of Social Development's plan includes a...
South Africans now in poorest 40% of the world — and it's getting worse
Compared to the world average, South African’s GDP per capita plummeted in 2019 and 2020, and its citizens are now in the poorest 40% of the world.
Economist Mike Schussler said that between 2019 and 2020, South Africa’s...